Redfin

This Redfin company information is to assist in Redfin corporate research, Redfin financial analysis, Redfin competitive intelligence, Redfin jobs & career search, and Redfin decision maker contact information.

Photo by John Cook

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Redfin Company Overview

Redfin Company Information

Redfin is a residential real estate company that provides an online real estate database and brokerage services. The firm was founded in 2004, and is based in Seattle, Washington. Redfin first launched its home buying and home selling services in 2006. Glenn Kelman is the CEO.

When working with homebuyers, Redfin refunds a portion of their commission, thus offering a rebate and saving commission fees. In Missouri, Oregon, and Tennessee, state law prevents them from offering a refund to homebuyers. A blend of technology and service also enables Redfin to charge a 1.5 percent listing fee for home sellers, which is less than the traditional 3 percent fee.

Redfin employs its agents directly and pays them a salary - departing from the commission-based compensation structure of traditional realtors - and ties bonuses to customer satisfaction. The company's agents are reviewed after every transaction, successful or failed, with all reviews posted on the site under the agent’s online profiles. ¹

Redfin News & Press Releases

• 10 Best Cities for Amusement Park Lovers to Visit
  

  The summertime is a season for celebration; kids rejoice over breaks from school, the weather becomes warmer and the days grow longer. And what better way to spend a warm weekend than exploring a city or relaxing in a park? How about a combination of the two? Visiting an amusement [read more]
  Source: Redfin’s BlogPublished on 2017-07-21
• How to Stage Your Outdoor Space to Sell Your Home Faster
  

  Everyone loves the idea of indoor-outdoor living, even in climates where it’s only possible a few months out of the year. And when you’re selling a home, staging your outdoor space can be an important way to show off one of your home’s best features while attracting prospective buyers. [read more]
  Source: Redfin’s BlogPublished on 2017-07-19
• Redfin, Industry-Leading Venture Firms Pledge to Diversify Startup Boards
  

  Image via Fairfax County Chamber of Commerce/FlickrRedfin is joining forces with venture capital firms in Seattle and Silicon Valley that are committing to diversify high-technology company boards. The venture firms will encourage new portfolio companies to recruit an independent, diverse board member within two years of institutional funding. We’ve already [read more]
  Source: Redfin’s BlogPublished on 2017-07-13
• Home Prices and Buyer Competition Hit New Highs in June as Inventory Drought Dragged into 21st Consecutive Month
  

  The median home sale price increased 7.3 percent from a year ago to $298,000 in June. This is the highest national median sale price recorded since we began keeping track in 2010. Despite record-high buyer demand during the busy spring market, sales only increased 1.9 percent compared to last year, [read more]
  Source: Redfin’s BlogPublished on 2017-07-13
• 21 Things to Know Before Moving to Northern Virginia
  

  There are a few things you should know if you’re thinking about moving to Northern Virginia — or “NoVA”, as its better known to locals — in the near or distant future. From the love of local culture and beautiful mountain views to the plethora of shopping, there’s a lot [read more]
  Source: Redfin’s BlogPublished on 2017-07-03

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